Investment company Platinum Equity is negotiating with HNA Group about the potential acquisition of Ingram Micro, according to Bloomberg sources. The IT vendor is allegedly valued at 7 billion dollars (5.9 billion euros). Ingram Micro is one of the largest IT distributors in the world. A possibl... Read more
4 years ago
A list of high-profile software companies filed to go public on Monday. They include big names like Snowflake, Asana, Unity Software, JFrog, and Sumo Logic. This selection of Bay Area software companies with multi-billion-dollar valuations, all rushed in a move signifying to the markets that they a... Read more
4 years ago
TikTok files a lawsuit against the U.S. government of President Trump. The company calls Trump's decree banning TikTok a way to fuel anti-Chinese rhetoric on the eve of the new presidential elections in the United States. The American branch of TikTok, as well as its Chinese parent company ByteD... Read more
4 years ago
U.S. President Trump has shown his cards. Huawei has to die. The only thing that can still save the Chinese company could be presidential candidate Joe Biden, a major retaliation from the Chinese government, which forces Trump to revise his policy or maybe the EU? If Huawei collapses, it not only m... Read more
4 years ago
The U.S. president, Donald Trump, already banned Huawei and TikTokand is now looking at restrictions or bans for other Chinese companies. Trump acknowledged this during a press conference. TikTok has been given 90 days by Trump to divest the American branch before a complete ban on the app can b... Read more
4 years ago
The FBI and National Security Agency recently revealed that Russia's military intelligence has built new malware targeting Linux systems. It is a clear indication that hackers are now changing the targets of their attacks. The Russian hackers had already attacked Linux systems using a malware th... Read more
4 years ago
The latest report from one of the top cybersecurity firms, Kaspersky, revealed that cybercriminals are advancing their phishing attacks. These criminals are taking advantage of the ongoing COVID-19 pandemic to develop new ideas on how to deploy their malware. Researchers from Kaspersky said t... Read more
4 years ago
Attorney General Jeff Rosen said that the U.S Justice Department is going full tilt on the tech antitrust probe. The investigations target large companies like Alphabet (Google), Amazon, Apple and Facebook. Even though he said that he could not commit to a date by which the department would bri... Read more
4 years ago
Foxconn is one of the biggest production companies in the world, responsible for manufacturing a lot of electronic products. Foxconn produces gaming consoles, smartphones, tablets and many more products. Foxconn announced they plan to modify its supply chain due to the deteriorating relationship be... Read more
4 years ago
Amazon CEO Jeff Bezos, Google CEO Sundar Pichai, Apple CEO Tim Cook and Facebook CEO Mark Zuckerberg testified before the House Judiciary Antirust Subcommittee as part of an antitrust probe. A historic hearing, as the CEOs faced questions about the power of the tech titans. Eventually the companie... Read more
4 years ago
